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B2B Content

5 Smartest Food Industry Investments

In April of 2015, FoodProcessing.com reported $21 billion in budgeted capital spending by 45 of the nation’s largest food and beverage companies. In May, Tom Ryan and Ian Sylvan, investment analysts for MB Financial, advised food processors to find smart ways to use capital to grow their business.

As sources diversify and consumer demands evolve toward transparency and wholeness, technology must play an ever-increasing role at every point in the food manufacturing supply chain. Some traditional processes will collapse, while others will expand in non-linear networks near and far around the globe.

Your plant produces thousands of data points a day, whether you’re collecting them or not. The Internet of Things (IoT) is ready to make smart use of that data. But what specific tools does the food industry need to fully embrace this revolution?

You know the benefits of doing business in the cloud. But are you ready to make a conscious, company-wide move? Before you do, it pays to carefully consider questions of cost, security, availability, and maintenance. Here are seven tips to make your migrations as seamless as possible.